Patient Access Solutions Inc (PASO): You're really gonna make me do this?...

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TraderGreen

Re: TenKay post# 14600

Wednesday, 03/25/2020 1:49:46 PM

Wednesday, March 25, 2020 1:49:46 PM

You're really gonna make me do this?

What Is Rule 10b5-1?

Rule 10b5-1, established by the Securities and Exchange Commission (SEC) in 2000, allows insiders of publicly traded corporations to set up a trading plan for selling stocks they own. It is a clarification of Rule 10b-5 (sometimes written as Rule 10b5), created under the Securities and Exchange Act of 1934, which is the primary vehicle for investigation of securities fraud. Rule 10b5-1 allows major holders to sell a predetermined number of shares at a predetermined time. Many corporate executives use 10b5-1 plans to avoid accusations of insider trading.

Investopedia - Rule 10b5-1

I'll patiently await your response...

TG

AIMO and GLTA,
TraderGreen

Please do not rely on anything I say to make a buy/sell decision with any security. If something I say cannot be backed up with an official PR or statement from the company I'm posting about, it is simply In My Opinion Only